1320 Georgia AveMarysvilleMI48040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Marysville at 1320 Georgia Ave, Marysville, MI, 48040 priced at $300,000 converts $2,196/mo rent into $218/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,196/mo, and annual cash flow totals $2,616/yr on $99,450 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 8.78% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 117.47% and total cumulative return in cash sums $116,820. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,196/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48040, Marysville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,559 (100%) |
| Owner Occupied HU | 3,679 (80.7%) |
| Renter Occupied HU | 657 (14.4%) |
| Vacant Housing Units | 223 ( 4.9%) |
| Median Home Value | $203,919 |
| Average Home Value | $236,038 |
Housing Distribution
Address Breakdown
Residential
4,482
Single Family
4,205
Multi-Family
277
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Whittlesey • Sine & Monaghan Realtors LLC St Clair
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50191220